At 09:00 PM 6/18/2004 +0200, you wrote:
> > 15% HST. Generally businesses are exempt PST on goods used directly
> > (but not indirectly) in production, similar to the US,
>
>Funny how countries differ in their tax system. In the EC businesses are
>in effect VAT-excempt on all goods they buy (provided that they pay VAT
>on what they sell).
>
> > I imagine a European would find it a bit surprising to buy something
> > with a price tag of $150 (in Canada) and have to come up with $172.50,
> > rather than paying a nice even EUR200 just as the tag says. ;-)
>
>? I had the impression that E 1 > US$ 1 > CA$ 1?
>
>Wouter van Ooijen

Exactly so.

Best regards,

Spehro Pefhany --"it's the network..."            "The Journey is the reward"
speff@interlog.com             Info for manufacturers: http://www.trexon.com
Embedded software/hardware/analog  Info for designers:  http://www.speff.com

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